______________________________ includes data processing functions ...

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___________________ ___________ includes data processing functions related to economic events such as accounting events, internal operations and financial statement preparation.
 Fill in the blank(s) with correct word

Question 2

A city's Internal Service Fund provides services only to general government departments. During the year, the Internal Service Fund reports operating revenue of 100,000 and operating expenses of 80,000 .
 
  What adjustment is needed to the governmental funds operating statement information to reflect these transactions in the statement of activities in the government-wide statement?
  A. Increase revenue by 100,000.
  B. Decrease revenue by 20,000.
  C. Decrease expenses by 20,000.
  D. Increase expenses by 80,000.

[dlook33]

Answer to Question 1

Information processing

Answer to Question 2

C

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TYSM

[FergA]

Thanks for the timely response, appreciate it